– My 5 for ’15 by Paddy Srinivasan – 2015 brought in a massive amount of growth across the IoT offerings themselves, the development tools and processes, and the readiness of organizations to fast track their IoT journey.

What will be of IoT in 2016?.

I am sure if you are involved in one or other way in this market you are asking yourself many questions. Where will be the focus in 2016?. Which companies will be acquired, which will disappear? Will we see new use cases and new profitable business models?. Will security remain the main concern? Will get standards?. And the big question, will increase the number of companies that will make technology compromises and finally will invest in projects and not in pilots or will they wait for a year or two until it becomes clearer which of the many technology choices will be the winner?

As you can imagine, I have no crystal ball neither I’m a fortune teller but I like to read the predictions of my colleagues and friends and I like doing my own bets, so here I go with a short summary of what we will may or may not see in 2016:

Companies to follow in 2016. In this post the author points out the top 10 companies that are working on products that will cater to the demands of the shifting market and are set to revolutionize the lives of the people using those products in 2016.

Forrester research believes that the hype surrounding the Internet of Things (IoT) will continue in 2016. We have to wait some days to listen apay webinarfor 13 of the most significant changes and what CIOs should do about them.

Industrial IOT in 2016 – In Utilities there will be an explosion of over 1M new connected devices in power generation plants alone, 2M in transmission and distribution substations, 16M in smart meters! In Oil and Gas there will be over 4M new connected devices that include about eight new sensors per well site and about twenty new sensors per separation and storage site.

44 Internet Of Things (IoT) Gamechangers 2016 – The ingredients will come from a spicy delicacy of variety, in the multifaceted form of Internet of Things (IoT), wearable and fashionable wearables, mind-boggling networking capabilities, heart rate monitors, and virtual reality ingenuity, just to mention a few appetisers. Click for your curious pleasure, here are 36 exciting, maybe outlandish, audacious tech bites to look forward to in 2016.

5 predictions for the Internet of Things in 2016 – Intelligent device manufacturers will increasingly realise the need to become software-centric companies to garner profits. Manufacturers will start realising the financial gains from the IoT. Everything as a service’ – IoT will transform objects into services. IoT hacking will make more headlines, increasing pressure on device makers to focus on security and remediation. Rise in IoT devices will fuel third industrial revolution.

What enterprise IoT will look like in 2016 by Jesus Rodriguez – “I believe 2016 won’t be the year that starts the mainstream adoption of IoT technologies in the enterprise. The market remains incredibly crowded and most enterprises still haven’t developed the necessary level of knowledge and awareness of enterprise IoT solutions to become adopters. However, we think that in 2016 IoT will establish itself as a foundational piece of the next generation of enterprise software solutions. Additionally, I think the market will experience a decent level of consolidation, and this will clearly identify front-runners from second places.

See Rick Bullota comment in this post with his predictions.

2016: Trends, Predictions and Opportunities by Joe Barkai – In 2016, mature companies will finally get over the addiction of counting connected devices as a proof of the economic impact of the IIoT. They will begin to focus on the value these connected devices can bring and the data analytics and decision support systems necessary to harvest this potential. 2016 will bring opportunities in predictive analytics, machine learning and complex decision support methods. I certainly expect to see the continuation of the wave of acquisitions in this space, most of which of early-stage companies with no customer base to speak of and debatable market valuation.

Adobe Digital Trends Report – 2016 IoT Home Predictions – IoT devices in the home are on the rise. 1 in 5 homes will have a smart thermostat, smart home system or smart smoke detector by end of 2016.

2016 IoT Predictions by Julien Blin – 2016 is set to be the year where a new generation of IOT devices with more advanced capabilities (e.g. devices with advanced algorithms), solid business models (e.g. sharing economy type models, subscription based or ad supported models..), and with a higher purpose, will emerge in the IOT space. I also expect to see some new unicorn IOT startups emerging in 2016 that will disrupt new industries. In addition, I expect to see more carriers, insurance companies, brands, agencies, major sports teams, US cities, involved in the IOT space in order to generate new revenue opportunities and take advantage of the expected growth in the space.

Judith Hurwitz and Associates – IoT projects move from pilots to production. 2015 was the year of testing the waters on IoT for many companies. Impressive initial success and the availability of cheap sensors means that companies will be moving forward with big projects in 2016. The consequence will be a demand for IoT security and advanced, near real-time analytics, edge devices to pre-process IoT data and the need to manage IoT data. We expect focused startups and an emphasis by the larger vendors on IoT security. The IoT will also bring Spark and its real time analytics capabilities into the forefront.

Top 10 InsurTech Predictions for 2016 Prediction #3 Much greater levels of personalized rating will become widely available using new sources of data from technology such as wearables, the Internet of Things and smartphone apps. This will lead to variable premiums over the policy term to encourage better behavior (although insurers will hold back and not introduce corresponding punishments in 2016.

Since 2009, the industry has hung its hat on Ericsson´s prediction of 50 billion connected devices by 2020. This year, however Ericsson has indicated that we may only see a little half of the number. In its latest Ericsson Mobility Report it said “Our forecast points to there being 26 billion connected devices by 2020”. The company said that its previous number was a vision and not a prediction. A complete shock, isn’t.

I am confident that Ericsson will not be the last company, which as we approaching the year 2020, will modify their visions and will provide more accurate predictions and estimates or better, as Jasper predict, I hope 2016 will be the year where the industry stops paying attention to just the number of devices connected, and instead starts tracking the variety of new services enabled by those connected devices.

Beecham Research is warning companies planning to get into the Internet of Things (IoT) market not to believe all the hype and over–optimistic predictions. By now, you should not panic. We must trust that there will be billions of smart devices, new profitable business models, successful IoT startups, transformation of industries, optimization of processes, more satisfied customers, driverless cars, less traffic jam, and it is also possible that the quality of our life will be better. But it will not be all in 2016 and perhaps neither in 2020. Just we must be a little more patience and it will arrive.

We are many who are evangelizing into companies so they understand the risk wasting this significant opportunity and we will continue in 2016.